Stock Market News

Lufthansa expects flight operations to return to normal in 2023 – Welt

2022.06.25 07:16

Lufthansa expects flight operations to return to normal in 2023 - Welt
FILE PHOTO: A Lufthansa aircraft bringing Ukrainian refugees from Moldova to Germany arrives at Frankfurt Airport, following Russia’s invasion of Ukraine, in Frankfurt, Germany, March 25, 2022. REUTERS/Thilo Schmuelgen

BERLIN (Reuters) – Lufthansa does not expect its global airline operations to return to normal until 2023 after staff shortages and booming demand amid the lifting of COVID-19 restrictions forced it to cancel some flights, Die Welt newspaper reported on Saturday.

“Unfortunately, a short-term improvement now in the summer is hardly realistic,” Lufthansa board member Detlef Kayser told Die Welt, adding the problem is global rather than exclusive to Germany and the only way out is to reduce the number of flights.

Lufthansa has announced plans to scrap around 3,000 flights, or some 15% of its capacity, at its hubs in Frankfurt and Munich this summer.

The German flag carrier is trying to ensure vacation routes are affected as little as possible, opting to cancel instead short- and medium-haul flights with many alternative travel options, Kayser told Die Welt.

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 75,830.32 0.57%
vested-xor
Vested XOR (VXOR) $ 3,405.08 99,999.99%
ethereum
Ethereum (ETH) $ 2,909.88 2.93%
tether
Tether (USDT) $ 1.00 0.03%
solana
Solana (SOL) $ 197.12 3.18%
bnb
BNB (BNB) $ 598.97 1.08%
usd-coin
USDC (USDC) $ 0.999565 0.03%
xrp
XRP (XRP) $ 0.551732 0.94%
staked-ether
Lido Staked Ether (STETH) $ 2,907.74 2.81%
dogecoin
Dogecoin (DOGE) $ 0.192371 3.94%
cardano
Cardano (ADA) $ 0.413718 10.49%
tron
TRON (TRX) $ 0.160273 1.20%
the-open-network
Toncoin (TON) $ 4.90 0.76%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,448.12 3.18%
avalanche-2
Avalanche (AVAX) $ 27.44 1.23%
shiba-inu
Shiba Inu (SHIB) $ 0.000019 2.55%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 75,818.31 0.69%
weth
WETH (WETH) $ 2,912.74 3.13%
chainlink
Chainlink (LINK) $ 12.64 0.92%
bitcoin-cash
Bitcoin Cash (BCH) $ 377.24 1.75%
sui
Sui (SUI) $ 2.31 0.61%
polkadot
Polkadot (DOT) $ 4.14 1.12%
leo-token
LEO Token (LEO) $ 6.33 1.02%
usds
USDS (USDS) $ 1.00 0.36%
litecoin
Litecoin (LTC) $ 71.37 0.03%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,060.14 3.05%
uniswap
Uniswap (UNI) $ 8.89 5.27%
near
NEAR Protocol (NEAR) $ 4.23 2.21%
aptos
Aptos (APT) $ 9.64 1.33%
pepe
Pepe (PEPE) $ 0.000011 3.42%
bittensor
Bittensor (TAO) $ 505.10 5.82%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.41 2.46%
internet-computer
Internet Computer (ICP) $ 7.74 3.93%
dai
Dai (DAI) $ 0.999523 0.03%
stellar
Stellar (XLM) $ 0.101155 2.82%
monero
Monero (XMR) $ 163.90 0.62%
ethereum-classic
Ethereum Classic (ETC) $ 20.05 2.02%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.06%
kaspa
Kaspa (KAS) $ 0.113562 7.15%
whitebit
WhiteBIT Coin (WBT) $ 19.66 1.89%
aave
Aave (AAVE) $ 181.21 3.02%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.344354 0.03%
blockstack
Stacks (STX) $ 1.67 4.02%
crypto-com-chain
Cronos (CRO) $ 0.090862 5.60%
okb
OKB (OKB) $ 40.11 0.35%
dogwifcoin
dogwifhat (WIF) $ 2.40 1.90%
first-digital-usd
First Digital USD (FDUSD) $ 0.99969 0.03%
arbitrum
Arbitrum (ARB) $ 0.578939 0.07%
filecoin
Filecoin (FIL) $ 3.72 2.21%
mantle
Mantle (MNT) $ 0.655666 7.14%